Jul
31
The Federal Reserve Bank came out with its “Beige Book” — describing which parts of the country are likely to see a rise, or a drop, in activity. The Beige Book report breaks down economic condition in the 12 Federal Reserve Bank districts marked by cities that are the sites of the Reserve Banks. When the economic conditions show signs of increase, that’s usually followed by an increase in jobs. Some highlights from the report: The New York, Cleveland, Kansas City and San Francisco re
Jul
29
Jul
29
Beige Book: Less Bad Is the New Good
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Jul
29
Beige Book: Less Bad Is the New Good
Filed Under Deals, News | Leave a Comment
The Current Economic Conditions, aka The Beige Book , is a Federal Reserve report published 8X/year. Each Fed District gathers anecdotal information on current economic conditions in each District and reports back to the Fed.The Beige Book summarizes this information by District and sector. An overall summary of the twelve district reports is prepared by a designated Federal Reserve Bank on a rotating basis.Current findings are that the “Pace of Economic Decline” is slowing. Excerpts: Repor
Jul
29
Fed Survey: Economy Has “Begun To Stabilize, Albeit At A Low Level.”
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WASHINGTON — The economy is finally showing signs of stabilizing in some regions of the country – especially in parts of the Northeast and Midwest – bolstering hopes of a broader-based recovery this year. A Federal Reserve snapshot of economic conditions issued Wednesday found that most of the Fed’s 12 regions indicated either that the recession was easing or that economic activity had “begun to stabilize, albeit at a low level.” The economy remains fragile. But the fact that some F





























